In the News

Christopher Wright Elected to Board of Directors of EPCNYC

Christopher Wright, a Partner in the Tax Practice at Marks Paneth LLP, has been elected to serve on the Board of Directors of the Estate Planning Council of New York City, Inc. READ MORE+

10 Steps Government Can Take to Jump-Start the City’s Economy

Mark Baran and Jay Brower were featured in a Crain’s New York article about policy changes that could help small businesses. READ MORE+

COVID-19: Failures Jump When Planning Isn’t In Place

In a recent article published in Nonprofit Times, Melissa Ouari discusses how nonprofit executives should assess how to leverage the lessons learned in managing through COVID-19 to promote future resilience for their organizations. READ MORE+

Restaurants Ask for Extension on Federal Loan Repayment

Jay Brower, Partner in Marks Paneth’s Tax Practice, was recently quoted in a Crain’s New York Business article about how restaurants are grappling with uncertainty surrounding federal stimulus loans. READ MORE+

The Treasury Department and the SBA released an interim final rule allowing Payroll Protection Program (PPP) lenders to increase existing PPP loans to partnerships or seasonal employers who were approved for loans before additional guidance was issued and did not include appropriate amounts in their loan amount calculations. READ MORE+

SBA Extends PPP Repayment Date

The Treasury Department and the SBA released FAQ #47 extending the time to repay a PPP loan from May 14, 2020 to May 18, 2020. READ MORE+